Orient Paper & Industries shines on reporting Fan production stood at 4, 09,497 units in October

28 Nov 2013

Orient Paper & Industries is currently trading at Rs. 10.70, up by 0.06 points or 0.56% from its previous closing of Rs. 10.64 on the BSE.

The scrip opened at Rs. 10.70 and has touched a high and low of Rs. 10.90 and Rs. 10.61 respectively. So far 50,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 102.00 on 11-Dec-2012 and a 52 week low of Rs. 4.30 on 13-Aug-2013.

Last one week high and low of the scrip stood at Rs. 11.50 and Rs. 10.40 respectively. The current market cap of the company is Rs. 219 crore.

The promoters holding in the company stood at 38.23% while Institutions and Non-Institutions held 28.19% and 33.58% respectively.

Orient Paper & Industries has reported operational performance of Fan Division of the company for the month of October, 2013. The production of Fan for October, 2013 stood at 4,09,497 units, while the Export Sales of Fan for the same period stood at 78,654 units.

Orient Paper & Industries is part of the C K Birla Group. Today it has emerged as a multi-product, multi-location company. The company manufactures and markets range of fans under the name Orient Fans. It manufactures ceiling fans, desk fans, wall-mounted fans, pedestal fans, exhaust fans and multi-utility fans. It has production capacity of over 3 million units per annum.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719